1.The first stage is the simulation phase. This stage is a period of high yields and high rates for the entire project. The extraction speed is the fastest and the output is the highest. At this stage, a KYC (Real Name Authentication) scheme will be tested.
This phase begins on March 14, 2019 and is expected to last for about a year and will end by the end of March 2020.
<Completed>
2. The second stage is the testnet phase. In the first phase of this phase, KYC (real name authentication) will be expanded, applications will be launched, test nodes will be tested and the mainnet and wallet will be tested later.
<in progress>
3.This phase is expected to begin by the end of March 2020 and the operating period will last from half a year to a year.
The third phase is the mainnet phase. During this phase, each miner will have his or her own wallet address and Pi in hand can be exchanged freely. At this time, Pi has value and real price. You can use Pi to shop. , Fiat currency exchange.
This phase is expected to begin in the second half of 2020 or 2021. During the first half of the year, there will be online exchanges.
4.The stage is after entering the mainnet. After the mainnet, the entire system will no longer be interfered and controlled by the project or non-project side, and will run freely and spontaneously. The specific development situation is immeasurable and can be thousands. Tens of thousands, hundreds of millions and even billions of users.
If you want to see the full picture of this project, it is estimated to take at least 3 years, that is, in 2021!
But now, there was a group of people who couldn't wait and give up. This group of people was eliminated without wearing it in the first stage. This is normal.
Since Pi must enter the third phase to truly exchange and make money, the first and second stages will act as a filter and will eliminate a large number of unbiased accounts.
In the first and second stage, it can be said that it is dishwashing liquid a year and a half to two years. In the first phase, many small stains are washed away. Only people who can stick with the third phase of the network are loyal fans. These fans really have the knowledge, recognition and full contribution to the Pi project.
And in order to stick with the fourth stage and beyond, it's a group that can really make a lot of money. This group will not be very big, because it needs strong faith and awareness to support him to the fourth stage or even longer.
